NYMEX Trader: Bitcoin Soon to Move Back to $7,000, Markets to Consolidate
A cryptocurrency trader at the New York Mercantile Exchange (NYMEX) said that bitcoin (BTC) will likely move back to $7,000 and consolidate soon in an interview with CNBC on May 21.
Trader closes $34 million Bitcoin short position following reversal signal
The amount of Bitcoin short positions on cryptocurrency exchange Bitfinex fell by 20% this morning.
BitMEX CEO Arthur Hayes Turns Bullish! BTC at $10,000 “Is My Number” For 2019, He Predicts
It seems that crypto bears are losing ground and the strong 2018 bearish trend is giving way to a period of relative stability prior to an upcoming bull run. Arthur Hayes, CEO of BitMEX expressed this in his “Crypto Trader Digest” of March 22, 2019.
Peter Brandt compares altcoins to Beanie Babies: "will end up in junk heap"
Author of the book, ‘Diary of a Professional Commodity Trader’ and born-again cryptoanalyst, Peter Brandt, recently took to Twitter to air his views on altcoins, equating them to a 1990’s fad. No not the dotcom bubble, Beanie Babies.
Florida Judge Overturns Ruling That Bitcoin Isn’t ‘Money’
A Florida appeals court has overturned a ruling that acquitted a Localbitcoins trader of money laundering and working as an unlicensed money transmitter.
Crypto Trader Made Over $100,000 On Ethereum DApp Augur
2018 hasn’t been kind to the broader cryptocurrency market. It’s no secret that Bitcoin fell by upwards of 70%, as other crypto assets, such as Ethereum, XRP, and the like, posted similar, if not more severe losses. With this downturn, crypto investors lost copious amounts of capital. However, one pseudonymous, somewhat mysterious industry participant managed to net himself/herself six digits of profit amid a broader bear season.
Most Common Mistakes to Avoid while Trading Cryptocurrency
The cryptocurrency is on full bloom right now that’s why every trader is looking for a gold rush that can make them earn huge profits in the crypto market. There are millions of traders across the world who is trying their best to never miss out on any of the opportunities that can earn them overnight fortunes.
The Trader Who Nailed the Bitcoin Top Just Covered His Short
Just as the euphoria surrounding Bitcoin was peaking last December, Mark Dow decided to short the leading digital currency. Almost a year to the day, and after a more than 80 percent decline from its record high price, Dow has closed out the trade.
Binance CEO: Business Still Good, Despite Exchange Volume Drop
Binance cryptocurrency exchange CEO Changpeng Zhao said that the company is not concerned over low trade volumes caused by the current market slump, according to an interview with CNBC Africa posted on YouTube Nov. 8.
What Not to Do As a Crypto Trader
Like every other job on the planet, there are specific dos and don’ts when it comes to trading cryptocurrency. However, in this article, we will be focusing on what an inexperienced trader must not do under any circumstances. We will be doing so by paying attention to certain things a young trader might be in danger of doing when he has just entered the business of trading.
Bitcoin Trader Pleads Guilty Over Unlicensed Exchange Business
A 21-year-old bitcoin trader from California has pleaded guilty to operating an unlicensed money transmission business and now faces a maximum of five years in prison.
Commodity Traders, Major Banks Back New Blockchain Platform
A group of commodity traders and financial institutions have unveiled a new blockchain venture.
Thomson Reuters is Charting Bitcoin Adopters’ Emotions as Data for Traders
Thomson Reuters has teamed with MarketPsych Data LLC, a provider of quantitative behavioral economics, to launch a new version of its MarketPsych Indices for cryptocurrencies like bitcoin.
Token Trader Templum Just Bought a Broker-Dealer
Blockchain startup Templum has acquired Liquid Markets Group's broker-dealer and alternative trading system Liquid M Capital LLC.
UK: Cryptocurrency Trader Robbed ‘At Gunpoint’, Amount Stolen Unknown
Four masked robbers have broken into the house of a cryptocurrency trader in Moulsford, Oxfordshire and forced him to transfer all of his bitcoins to them “at gunpoint”, The Telegraph reports Sunday, Jan. 28.